Aebi Schmidt Group closes 2025 with exceptional order momentum, record Order Backlog, and significantly improved profitability; provides 2026 Financial Guidance and Board Update
Globenewswire· 2026-02-24 08:00
Core Insights - Aebi Schmidt Group reported strong preliminary financial results for Q4 and full year 2025, highlighting exceptional order momentum and a record order backlog, positioning the company for growth in 2026 [1][4][5] Financial Performance - The Group's order intake in Q4 2025 increased by 46% compared to Q4 2024, with a record order backlog exceeding $1.2 billion, indicating a solid foundation for growth in 2026 [4][5] - Net sales for Q4 2025 reached $528 million, a 6% increase from $500 million in Q4 2024, while full year net sales totaled $1.907 billion, reflecting a 2% increase from 2024 [4][5] - Adjusted EBITDA for 2025 is expected to be slightly above the midpoint of the guidance range of $145 million to $165 million [4][5] 2026 Financial Outlook - For 2026, the company anticipates net sales between $1.95 billion and $2.15 billion, with adjusted EBITDA projected at $175 million to $195 million, driven by a recovery in walk-in-van orders and merger synergies [4][6] - The company expects significant organic growth and improved profitability, particularly in the second half of 2026, supported by a ramp-up in production [4][6] Board of Directors Update - The Board announced the nomination of Barend Fruithof, the Group CEO, for election as Chairman of the Board at the 2026 Annual General Meeting, with current Chairman Jim Sharman and Board member Peter Spuhler not standing for re-election [8][9][10] - The Board will reduce in size to eight members following the 2026 AGM, with Terri Pizzuto expected to become Vice Chairman and Andreas Rickenbacher as Lead Independent Director [10]
2026 CrowdStrike Global Threat Report: AI Accelerates Adversaries and Reshapes the Attack Surface
Businesswire· 2026-02-24 08:00
wordmmMwWLliI0fiflO&1mmMwWLliI0fiflO&1mmMwWLliI0fiflO&1mmMwWLliI0fiflO&1mmMwWLliI0fiflO&1mmMwWLliI0fiflO&1mmMwWLliI0fiflO&1 2026 CrowdStrike Global Threat Report: AI Accelerates Adversaries and Reshapes the Attack SurfaceFeb 24, 2026 3:00 AM Eastern Standard Time# 2026 CrowdStrike Global Threat Report: AI Accelerates Adversaries and Reshapes the Attack SurfaceShare---AI-enabled attacks surge 89% as breakout time falls to 29 minutes; AI tools and development platforms are actively exploitedAUSTIN, Texas--([B ...
WALLIX reinforces its strategic footprint in the Middle East as demand for digital sovereignty accelerates
Globenewswire· 2026-02-24 08:00
Core Insights - WALLIX has achieved 10 years of sustained growth in the Middle East, with a reported 37% growth in recurring revenue across EMEA (excluding France) in 2025, driven by approximately 40% growth in the Middle East–Africa region [1][3] - The company emphasizes its commitment to digital sovereignty, providing solutions that comply with local data governance and regulatory requirements while promoting an independent European approach to cybersecurity [4][6] Group 1: Company Performance - The Middle East–Africa region is now WALLIX's second-largest geographic area and the leading contributor within EMEA, with growth close to 40% [3] - Significant contracts have been secured in the Middle East, particularly in securing industrial OT environments across utilities, healthcare, and construction sectors [3] Group 2: Local Presence and Strategy - WALLIX has established a strong regional footprint in the Middle East, supported by a local team and over 40 certified partners across Gulf countries [2] - The company employs a "Channel First" strategy, ensuring rapid access to solutions and close customer support [2] Group 3: Digital Sovereignty and Compliance - Digital sovereignty is a strategic imperative for organizations in the UAE and Saudi Arabia, with WALLIX providing solutions that protect critical assets while ensuring compliance with local regulations [4] - WALLIX's solutions are designed to preserve state autonomy and ensure full control over critical systems and sensitive data, adhering to internationally recognized standards such as ISO 27001 [4] Group 4: Product Offering - WALLIX One is a unified platform that supports organizations in securing complex IT and industrial OT environments, providing comprehensive identity and access protection [5][6] - The platform allows for various deployment options, including on-premises, cloud, hybrid, or managed services, tailored to the specific needs of organizations [6]
Futu to Report Fourth Quarter and Full Year 2025 Financial Results on March 12, 2026
Globenewswire· 2026-02-24 08:00
Core Viewpoint - Futu Holdings Limited will report its financial results for Q4 and the full year of 2025 on March 12, 2026, before U.S. markets open [1] Group 1: Financial Results Announcement - The financial results will cover the fourth quarter and the full year ended December 31, 2025 [1] - An earnings conference call is scheduled for March 12, 2026, at 7:30 AM U.S. Eastern Time [1] Group 2: Conference Call Registration - Participants must pre-register for the conference call using a provided link [2] - Confirmation emails will include participant dial-in numbers and personal PINs for access [3] Group 3: Company Overview - Futu Holdings Limited is a tech-driven online brokerage and wealth management platform [4] - The company offers a range of investment services through its digital platforms, including trade execution, margin financing, and wealth management [4] - Futu integrates social media tools to enhance user connectivity and provides corporate services such as IPO distribution and investor relations [4]
MWC 2026: SoundHound AI Launches Sales Assist Agent, Bringing Real-Time Agentic AI to the Retail Sales Floor
Globenewswire· 2026-02-24 08:00
Core Insights - SoundHound AI, Inc. has launched Sales Assist, a voice-powered AI agent for retail, which will debut at Mobile World Congress 2026 [1] - The Sales Assist agent is designed to enhance in-store customer interactions by providing real-time AI-driven recommendations to staff [2][4] - The technology aims to streamline sales processes, reduce wait times for customers, and improve overall sales efficiency [3][4] Product Features - Sales Assist provides instant, data-driven recommendations during customer conversations, helping staff with upgrades, bundles, and compliance disclosures [2][4] - The AI operates in noisy retail environments with minimal latency, utilizing SoundHound's proprietary Polaris automatic speech recognition technology [4] - The system can access various databases securely, enabling it to check upgrade eligibility, retrieve account data, and suggest trade-in promotions [10] Market Impact - SoundHound processed nearly 30 million AI customer interactions in telecom and retail sectors globally in 2025, indicating strong market demand [9] - The launch at MWC 2026 highlights SoundHound's growing momentum in the European market [11] - The Sales Assist agent is expected to increase revenue per customer, shorten sales cycles, and ensure consistent sales practices across locations [4] Company Overview - SoundHound AI is recognized as a global leader in voice and conversational AI, providing solutions across various industries including retail, financial services, and healthcare [12] - The company’s technology enables billions of AI interactions annually for leading brands, showcasing its extensive reach and capabilities [12]
Inverite Announces Agreement with Ownly to Support Digital Income Verification and Affordability Assessment for Homebuyers
TMX Newsfile· 2026-02-24 08:00
Core Viewpoint - Inverite Insights Inc. has partnered with Ownly Limited to enhance the homebuyer qualification process through real-time income verification and affordability assessment using Inverite's technology [1][2]. Group 1: Partnership Details - Ownly will utilize Inverite's Instant Bank Verification (IBV) technology to connect securely to prospective homebuyers' bank accounts, enabling real-time analysis of income and financial obligations [2]. - The integration aims to streamline the affordability assessment process, reducing reliance on manual documentation and improving onboarding workflows for builders and homebuyers [2][5]. Group 2: Technology and Benefits - Inverite's platform allows for real-time validation and analysis of financial accounts, helping organizations verify account ownership and generate affordability insights while enhancing fraud prevention [3]. - The partnership reflects a growing demand for automated financial verification and affordability insights in digital onboarding workflows, particularly in the housing and real estate sectors [5]. Group 3: Company Background - Inverite Insights Inc. specializes in real-time financial data and decisioning signals, focusing on bank verification, income analytics, and AI-driven risk modeling [6]. - Ownly Limited is a digital homebuying platform that facilitates the home purchase journey through digital qualification and engagement, aiming to improve transparency and efficiency for prospective homeowners [6].
Prediction: Here's How Much Further Palantir Stock Could Fall
The Motley Fool· 2026-02-24 07:56
Palantir is growing fast and printing profits, but the stock is still priced for years of near-perfect execution.Shares of artificial intelligence data platform specialist Palantir Technologies (PLTR 3.43%) have fallen hard in the early 2026 software sell-off. As of this writing, the stock is down about 27% year to date.That kind of pullback can create opportunities. But not every stock's sell-off is an overreaction. Some may make sense, as a decline can also represent the market backing away from an assump ...
MTU Aero Engines Expects Commercial Business to Boost 2026 Revenue
WSJ· 2026-02-24 07:55
Core Insights - The aircraft-engine manufacturer anticipates increased revenue for the year, driven by significant growth in its commercial series business [1] Group 1 - The company forecasts higher revenue this year [1] - The growth is particularly strong in the commercial series business [1]
Spain's Endesa steps up investment to improve power grids under three-year plan
Reuters· 2026-02-24 07:52
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Spain's Endesa steps up investment to improve power grids under three-year plan February 24, 20267:52 AM UTCUpdated ago By Pietro Lombardi The logo of Spanish power company Endesa atop its headquarters in Madrid, Spain, October 28, 2025. REUTERS/Susana Vera/File Photo Purchase Licensing Rights, opens new tab MADRID, Feb 24 (Reuters) - Spanish utility Endesa (ELE.MC), opens new tab said on Tues ...
1 Unstoppable Stock to Buy Before it Joins Nvidia, Apple, and Alphabet in the $3 Trillion Club
The Motley Fool· 2026-02-24 07:45
After being essentially flat over the past year, Amazon is poised for a breakout.There are currently an even dozen companies with a market cap of $1 trillion or more, but only three are members of the prestigious $3 trillion club: Nvidia at $4.6 trillion, Apple at $3.9 trillion, and Alphabet at $3.7 trillion (as of this writing). With a market cap of nearly $2.2 trillion, it seems like it's just a matter of time before Amazon (AMZN 2.39%) joins that elite group. Yet recent events have sent some investors he ...